Universal Corporation: Shareholders holding more than 5% of the shares and their concerted parties intend to reduce their holdings by no more than 0.15%.
Universal Corporation announced that as of the disclosure date of the announcement, Red Bean Group and its concerted action person TNR International Investment, who each hold over 5% of the shares, hold 16.8560% and 1.2521% of the shares, respectively. Due to their own capital needs, the two parties plan to reduce their holdings through centralized bidding or block trading from July 3, 2026 to October 2, 2026. Red Bean Group plans to reduce its holdings by no more than 1.43 million shares, while TNR International Investment plans to reduce its holdings by no more than 900,000 shares. There is uncertainty in the implementation of the reduction plan, and it will not lead to a change in the company's control.
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